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BEDROOMS 2
BATHROOMS 2
KITCHENS 5
ROOMS X13522706
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Property Description
99 Sanford Avenue N, Hamilton is an Investment Property, duplex-plus-rooms property in Hamilton's west-end Landsdale neighborhood, offered at a 5.49% in-place cap rate with a clear, built-in path to higher income. The property generates $49,080 in gross annual rent and $37,638 NOI at an asking price of $685,000.Configured as a one-bedroom main-floor apartment and a four-room upper unit, the building runs on two hydro meters with front parking - a rentable amenity in this lower-city location. Four of the five occupied doors are month-to-month, giving an incoming owner immediate room to reset rents to market as tenancies turn, with no additional acquisition required. The stand-out upside is the basement: counted as a sixth door with its own separate side entrance, it is currently vacant and ready to be finished and leased as a private, self-contained unit - adding a brand-new income stream that isn't yet reflected in the in-place numbers. Between the month-to-month resets and the basement lease-up, a new owner has two distinct, low-risk levers to grow NOI from day one. Situated in an appreciating pocket close to transit, schools, and everyday amenities, 99 Sanford offers strong room-rental income today plus genuine value-add on top. Ideal for an investor building a Hamilton rental base or adding a room-rich, high-upside asset to an existing portfolio. - Duplex + rooms, Price: $685,000 - Gross annual rent: $49,080, Net operating income: $37,638, Cap rate: 5.49% (in-place) - Doors: 6 (5 occupied / 83%; basement vacant) Configuration: 1-bed main floor + 4-room upper unit + vacant side-entrance basement (6th door) -Metering / parking: Two hydro meters, front parking
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Sold History
| List Date | Sold Date | Days Listed | List Price | Sold Price |
|---|---|---|---|---|
| 2019-09-06 | 2019-09-30 | 24 | $409,000 | $396,000 |
Nearby Intersections
Property Features
None
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Property Details
Address
99 Sanford Avenue
Community
City
Postal Code
L8L 5Z1
Property Type
Duplex, Duplex
Lot Size
26' x 100'
Taxes
$2,400 (2025
Basement
Separate Entrance
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
2
Garage Type
None
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Listing contracted with Exp Realty
65 Kinrade Ave, Hamilton is an investment property within a portfolio. A legal duplex with a bonus room-rental upside, offered at a 6.18% in-place cap rate on current rents. This fully-tenanted, four-door property generates $48,468 in gross annual rent and $40,168 NOI, with a fifth door (basement) waiting to be rented. The main and upper duplex units are configured as a 2-bedroom main-floor apartment and a three-room upstairs unit, giving a new owner both self-contained and room-rental income in one building. Central heat and A/C, two A/C units, and two gas lines keep operating costs predictable, while separate hydro and water metering protects NOI from rising utility costs. All four occupied doors are month-to-month, giving a new owner a clear, low-risk path to reset rents to market on standard notice without waiting years for turnover. Beyond the in-place income, the basement is unfinished, has its own separate entrance, and is currently vacant - a fifth door that can be built out and rented, adding a new income stream on top of the in-place NOI without any change to the building's footprint. Situated in a tenant-dense Hamilton lower-city pocket that supports steady demand and long-term appreciation.
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Fully vacant 3-unit property in the heart of Crown Point! This spacious 2-storey offers over 1,700 sq ft above grade plus a finished basement apartment with separate entrance-ideal for investors, house-hackers, or multi-generational living. Featuring 3 kitchens, 3 full baths, updated electrical and plumbing (2021), roof (2019), and many updated windows, including front, sunroom, and porch (2021). Private double drive and fully fenced yard with a shed. Steps to parks, schools, library, transit, and minutes to Ottawa St shops, Centre Mall, and major highways. A solid income opportunity in a prime Hamilton location.
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Situated on the highly desirable south side of Gage Avenue, just footsteps from Gage Park, the Tropical Greenhouse, major transit routes, and the future LRT line, this property offers an exceptional location with strong long-term potential. An ideal investment opportunity, the home features a basement currently functioning as a third unit, creating additional income potential. This property is also an excellent option for first-time home buyers looking to offset mortgage and carrying costs while owning a home in a well-established south side neighbourhood. A rare opportunity to secure a versatile property in one of Hamilton's most desirable pockets.
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Few properties offer this kind of balance:- a well-maintained income-generating duplex with the footprint, the finishes, and the location to attract quality tenants from day one. This 2.5-storey property in Crown Point has been kept to a standard that shows from the moment you step inside. Both units offer three bedrooms and two storeys of living space - giving each a sense of home rather than suite. The main floor unit has two full bathrooms including full laundry and a main floor bedroom, and a walk-up basement, providing layout flexibility that tenants consistently value. Both units have their own dishwasher. Two parking spaces via the rear laneway round out a package that is genuinely low-friction to manage and easy to lease. The neighbourhood does as much work as the building itself. Gage Park, three other parks, the YMCA, and Bernie Morelli Recreation Centre are all less than 1 kilometre away. Plus the shops along Ottawa Street are steps away too - the kind of daily-life amenities that help keep vacancy low and tenants happy. For commuters, a GO station sits less than four kilometres out. At over 2,000 square feet of living space and move-in/rent-ready, this duplex is the kind of asset that delivers from day one, and a renovation budget or a contractor on speed dial. Book your private showing today!
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Step into timeless charm blended with modern convenience at 38 Norway Avenue-a beautifully updated 2.5-storey duplex in the highly desirable Blakely/St. Clair neighbourhood. Built in 1914, this solid brick home offers character you simply can't replicate, paired with the peace of mind that comes from extensive professional upgrades throughout. Fully finished on all three levels by skilled contractors, this property is truly turn-key-ideal for investors, multi-generational families, or savvy buyers looking to offset mortgage costs. Whether you choose to live in one unit and rent the other, or maximize its income potential as a full rental, the flexibility here is unmatched. Outside, enjoy the rare convenience of ample parking at both the front and rear of the property. Location is everything-and this home delivers. Nestled in a vibrant, sought-after community, you're just minutes from hospitals, public transit, popular restaurants, and everyday shopping. Don't miss your chance to own a piece of Hamilton's character-filled history with all the updates already done for you. Be sure to review the full list of improvements attached to the listing-this is one you'll want to see in person.
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Fantastic opportunity in the sought-after St. Clair area. This solid brick 2-family duplex is conveniently located close to all amenities in a friendly, walkable neighbourhood. 9' ceilings on the main floor, hardwood and banister stairwells make this a unique property. Over 1,400 square feet split across two self-contained units plus finished basement. 1): Main floor 1-bedroom unit includes use of the lower level which provides an additional 425 sq. ft, private laundry and large 4-piece bathroom. 2): Second floor + loft: 3-bedroom unit with 2 bathrooms and lots of living space. Lower unit currently rented and 2nd level is newly vacant. A great investment or chance to make this your own personal character home with growing demand for this pocket of Hamilton. Features: Separate entrances, close to Gage Park, transit, schools, and downtown core.
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